Answer - Option B - It is critical decision
Explanation :-
When any person or group of person form any type of business, they need to take critical steps and decision to choose what form of business they will open. It includes selection of business form, number of partner or owners, location of office, share capital of the company etc. They take advise of some legal advisor or company secretary and according to their advise they take their all further actions. It's not easy to open a company as it required many legal formalities to be completed prior to that.
What priority must business owners place on the choice of the form of ownership for their...
What priority must business owners place on the choice of the form of ownership for their business? It is a relevant decision It is a critical decision It is a complicated decision. It is a minor decision
What prionty must business owners place on the choice of the form of ownership for their business? It is a relevant decision It is a critical decision It is a complicated decision It is a minor decision
What form of ownership did each of the business owners choose? Why did the business owners you interviewed choose the form of ownership they did? Explain why you think these business owners have or have not chosen the form of ownership that is best for their particular situations.
What is the form of business ownership that is the easiest to dissolve
Owners of a company 1 Multiple Choice hold promissory notes as evidence of their ownership claim are entitled to repayment of their investment have a claim that is secondary to creditor's claims. have a claim equal to the amount of liabilities a company owes.
The amount of owners' equity in a business is not affected by: Multiple Choice The percentage of total assets held in cash. The investments made in the business by the owner. The amount of dividends paid to stockholders. The profitability of the business.
A business must raise $90,000 in 7 years. What should be the size of the owners' quarterly payment to a sinking fund paying 3% compounded quarterly? (Round your answer to the nearest cent.)
32 EE illi E. ab a. & 11 CIE 5-3 FORM OF BUSINESS OWNERSHIP The needs of the businessperson starting a new business are a major consideration when deciding the best form of business ownership. The kind of business being started is also important to consider when deciding to make your new business a sole proprietorship. partnership or corporation. Look at the list of new businesses below. Indicate the form of ownership you think would be best for each business....
Do not neglect the old for the new. The existing business must not lose priority simply because an innovative idea has been suggested. Successful innovation requires support from the existing business in terms of finance and other resources. However, when assessing risk, you must take into consideration the impact the new activities are likely to have on the existing activities. One aspect of risk assessment should involve determining whether the new ideas/ improvements or innovations will prevent the already successful...
I need some clarification. Most American businesses are this form of business sole proprietorship Limited liability encourages investors to invest large amounts of money in this form partnership of business It is argued that this form of business contributes the most to increases in the corporation nation's output (GDP) Ownership is distributed among a small number of people. This type of business is partnership subject to unlimited liability. corporation Shareholders are the owners of this form of business. Answer Bank...